Planters Bank & Trust Company
Indianola, MS Doing business as Planters Bank & Trust Part of Planters Holding Company
- UEI
- DWJKLCBRLV31
- CAGE
- 74U89
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Corporate family
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Planters Holding Company
Parent
DJN8VNKMTXM7
- Planters Bank & Trust Company DWJKLCBRLV31
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Planters Holding Company
Parent
DJN8VNKMTXM7
- SAM.gov registration date
- Physical address
- 212 Catchings Ave, Indianola, MS 38751, USA
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $280,369 | |
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $437,350 | |
| Purpose: to provide grants to community development financial institutions (cdfis) for the following purposes 1) to… | Community Development Financial Institutions Fund | $6,197,097 | |
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $170,699 | |
| Cdfi rapid response program award | Community Development Financial Institutions Fund | $1,826,265 |
About Planters Bank & Trust Company
Planters Bank & Trust Company is a for-profit corporate entity registered in SAM.gov, located in Indianola, Mississippi, that specializes in community development financial services. As a designated Community Development Financial Institution (CDFI), the bank focuses on providing financial services to economically distressed and underserved communities, with a particular emphasis on supporting low- and moderate-income populations through targeted lending and investment strategies. The bank's federal grant awards have consistently been issued by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, demonstrating its commitment to economic development and financial inclusivity in challenging economic environments.
Through multiple federal grant programs, Planters Bank & Trust Company has received significant funding to expand its community development initiatives. The bank has been awarded grants through several key programs, including the Bank Enterprise Award (BEA) Program, the Equitable Recovery Program (ERP), and the Rapid Response Program (RRP), all aimed at addressing economic challenges in underserved areas. These grants, totaling approximately $6.5 million between 2020 and 2024, have enabled the bank to increase lending to small businesses, provide affordable housing financing, and offer tailored financial products to low-income populations. Specifically, the bank has utilized these funds to respond to economic impacts of the COVID-19 pandemic, expand capital access in distressed communities, and build organizational capacity to serve marginalized economic segments. The federal grants have supported the bank's mission of increasing investments, lending, and financial services in economically challenged regions, with a particular focus on minority communities and areas with significant unmet financial service needs.
Quick answers
What is Planters Bank & Trust Company's UEI?
Planters Bank & Trust Company's Unique Entity ID (UEI) in SAM.gov is DWJKLCBRLV31.
What is Planters Bank & Trust Company's CAGE code?
Planters Bank & Trust Company's CAGE code is 74U89.
Where is Planters Bank & Trust Company located?
Planters Bank & Trust Company's physical address in SAM.gov is 212 Catchings Ave, Indianola, MS 38751, USA.
Is Planters Bank & Trust Company registered in SAM.gov?
Yes. Planters Bank & Trust Company's SAM.gov registration is active through June 18, 2027.
Who is Planters Bank & Trust Company's parent company?
Planters Bank & Trust Company is part of Planters Holding Company.
What is Planters Bank & Trust Company's most recent federal award?
Planters Bank & Trust Company's most recent federal grant award is Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… (241BE066400G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Planters Bank & Trust Company's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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